A Chinese language Gaming Large Has Much less Than $165 Million in Money. So Why Did It Simply Conform to Spend $590 Million on Nvidia GPUs?
Chinese language recreation writer Yoozoo Interactive Co., Ltd. has agreed to buy 4.225 billion yuan ($590 million) price of Nvidia graphics processing models, launching an enormous synthetic intelligence infrastructure gamble despite the fact that the corporate holds lower than 1.2 billion yuan ($165 million) in liquid money.
Based on a company submitting launched late Nov. 3, Yoozoo’s wholly owned subsidiary, Shanghai Youzu Info Expertise Co., Ltd., signed a procurement contract with an undisclosed vendor to amass Nvidia RTX PRO 5500 (PCIe) GPUs. The workstation-class GPUs, constructed on Nvidia’s Blackwell structure and outfitted with 84GB of GDDR7 reminiscence, carry an estimated market supply value of 80,000 to 120,000 yuan per card.
The magnitude of the order stands in sharp distinction to Yoozoo’s monetary footprint. The 4.225 billion yuan complete equals thrice the corporate’s full-year 2025 income of 1.402 billion yuan ($195 million) and 4 instances its income for the primary 9 months of 2026.
Yoozoo disclosed that it had 1.179 billion yuan ($165 million) in money reserves on the finish of September 2026, down 29.6 % from the tip of 2025. To fund the transaction, the agency plans to mix money readily available, financial institution credit score traces, and monetary leasing, counting on phased tools deliveries to roll over capital.
The huge procurement comes as Yoozoo’s stability sheet faces rising pressure. Whole liabilities climbed 124 % throughout the first 9 months of 2026 to 2.018 billion yuan ($282 million), pushing its asset-to-liability ratio up by greater than 13 share factors to 30.45 %. Monetary information reveals the corporate gathered practically 1.3 billion yuan in internet losses between 2020 and 2025.
In its regulatory disclosure, Yoozoo cautioned that the procurement faces operational dangers, together with potential provide chain delays, abroad expertise export controls, and tools efficiency shortfalls, for which the provider could not bear breach-of-contract legal responsibility.
Regardless of the monetary pressure, Yoozoo has aggressively expanded past its core gaming enterprise into synthetic intelligence compute infrastructure. Over the previous yr, the corporate acquired stakes in home GPU builders Dawn and Biren Expertise, dedicated as much as 1.001 billion yuan towards a 6.67 billion yuan AI computing fund in Wuxi, and initiated superior 2.5D and 3D chip packaging tasks in Wuxi and Shanghai.
Core gaming operations nonetheless generate over 99 % of Yoozoo’s complete income, led by browser titles and cellular video games comparable to Recreation of Thrones Winter Is Coming.
Based in 2009 by web entrepreneur Lin Qi, Yoozoo turned considered one of China’s high gaming corporations earlier than itemizing on the Shenzhen Inventory Trade in 2014. Lin famously acquired the worldwide rights to Cixin Liu’s acclaimed science-fiction novel The Three-Physique Downside and established Three-Physique Universe to develop the mental property for display variations.
Lin died in December 2020 after being poisoned by Xu Yao, the previous chief govt officer of Three-Physique Universe, following inner disputes over company administration and govt compensation. Following authorized transfers of Lin’s fairness property, Shanghai Jiayou acquired an 11.72 % stake in 2023 to turn out to be Yoozoo’s largest shareholder, with Shanghai Jiayou head Wan Zheng assuming the chairmanship of the board.
